obie7661
02-24-2007, 11:16 PM
A Cleveland-based bank shortchanged Ohio taxpayers at least $170,000 last year. The same bank is getting $626,000 a year for work the state can do itself. By fixing both problems, Treasurer Richard Cordray says the state could save more than $1 million. During a meeting yesterday of the State Board of Deposit, Cordray said that when he took a closer look at the state’s "checkbook" — the main depository handled under contract by Cleveland-based Key-Bank — he found at least $170,000 in interest credit that the state should have received last year but didn’t.
The amount might grow when previous years are examined, he said...
http://www.dispatch.com/news-story.php?story=dispatch/2007/02/24/20070224-D1-01.html
The amount might grow when previous years are examined, he said...
http://www.dispatch.com/news-story.php?story=dispatch/2007/02/24/20070224-D1-01.html